Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 3, 1929, Winnipeg, Manitoba Ma3jitoba free press. Wem Peak saturday August 13 the first Gold Brick from the sir it raise District has been barred to the mint at Ottawa news of the business world mines Money markets credit men report tuners a Winnipeg District by is Frith wholesale Ami retail Trade moving at fair level. Coast Oil list with foreign Exchange tie do Jar Quot dec of 25-44 of 1 Oer cent. Trend downward Toffi Joriu Western retail Trade continues at fair volume after brisk opening. Prices cour.-.-. 7-j" gains four Points danish sortie dutch . Indian today s value 13.90 54-.s3 29.30 39.30 23.32 19.30 48.00 19.30 25 so 19.30 25.89 29.30 manufacturers Falls 4.00 off slightly at some Points collections slow Market holidays the mining Toron to bold usual Sai to Delv Bui monday August 5. The to Crow Vrin nips St pct sex dianese Are closed and on Mopia. Try nud Sre closed Only. Brazilian leads stronger Trade Montreal Mart san of Creon Sidbury Basin old a a frtr.-. 4.m t 4.10. United ii at Froid. 1.1-2 to 1.14. of i a i Lio tracer in during mix Vaal. 3ic Pend Oreille. Premier be5t jeeves trader from to to 1.p5 to shares re air exit. Missouri rated 3t Irro .58 to. 1.64 die close at 1.60 ode lots Selling at 1.65. Fend Orvllle and a turnover of 1.400 shares bras or i 6.so and 5.50 tie i 3 4.84. Vita. In this s to 2.sc-. Mer v.? Clr pc a 3.85 3 o co and tru Iron up traded a Fross to 1.s5. Ranged Iron 43 to 45. Be of a trader it 43 to -.3george capper . Iris Etc ,1 Ter Sel it "7.50 . It jell of to a Low a 6.35 7 00 Trie close in the late balance 1 Terest. He i Litile 11.93 26.35 2.54 3.9-. 24.04 1.31 40.36 _ 35.2s Trie Trade report of t be 5.26 Canadian credit men s Trust Assoria 2637 tiers for the 14 72 Autt Titt 3. Is As 27.00 ipes a Gocr volume is reported by manufacturers. Ladies dry goods i boots and shoes and cent s fun miss lies reported satisfactory. 2r.d Tii Ciers Supply Bouses continue .-y Busy. Fruit and stood outlier lines fair. Retail Trade. A ene rally incl tried to be collect quiet. Brandon a fair volume is reported in grocer ies fruits and retail Trade sir. Collections a Jerlna Atli Olessie groceries and fair. And and Sites retail Trade generally Frler to collections. Wholesale to tits the exception or dry goods collections hich Are reported Fallt Rood. Tolie Cloloas fair to Saskatoon a fair volume is reported in Thole fair. Although Ai a. ?s.-. C year boots and shoes ver i quiet. Drop Punj off a Little. Retail Trade in the City rather fair. Collections generally Sree Piror. Or 62.00 5.sd s.s5 s.30 1.55 1.50 Bell Telephone and Fame Fly players score Sharp mores us ship first Gold bricked in the improvement to Oral Resu Teri old a tons As Market leaders. to Liv Montreal 2. Back fryc 5 Oil announce incorporation Winnipeg companies it. J of is Cal exr Shiigo or a a heavy 05 Trec Ted Short s Ironi this Section c tote list Cave tie mar Ket. Genera a buoyant appearance. Altaic Sci. In. Tote of tote list Xet York f. r. Fri. Mi.ta1. hares. ?.noa Iha Lue Sci. Non a Earv. J6.t5 Una at the toe i Cussi the Ess Iest since .5arc at a net the Lea in for i stores is sale.5 33 7.3c3 Points. Day s 5 la 31 45. 53 j.5 13 Iso s3 Iso 45 34 f Portage Avenue was a Prairie Trail cac. Pit. _ . Poffi out snit Kot 34v. M 34 1 Siss or. W. T. Kirby Avenue in the Spring of 1379 presented a very different picture to what it does today. Photographs show Only a few pc dec rians not a vehicle in sight and of course no automobiles. The site of our present office building stood a Frame edifice Knox and there not More than 10 or 12 build Ings Between main Street and the Hudson s Bav company s new store in Portage Calgary most lines i i cent Long building Supply houses Cizl ctr sigh signs of falling Al to Iouli volume is still satisfactory. _ collections Are being adversely so fete d of and quite Dif Clit. Cult to make in districts. Edmonton. Wholesalers s sales very closely. Volume considerably do Sion is than for the same period last year. Collections very Vancouver. continues a Tonly. Wholesale Gro c.ene.5 report Busine is very Good bal Ance of Trade reports Good and fairly cola. Lumber Industry is quiet and Shingle Market remains Dull. The sex it Sis third t i in 6.181 shares air. Points to 94. J Bel Telephone and finitis pjs yers i were the greatest for . J the Farmer up 7n to Iso and 1 closed at 63, up Points for Day. Among the paper sleek. Car.aci.1 Pover and .-is most Active Ith a fractional gain to 25. Bros was up to 5s. port Al Fred was up a traction to Massey Harris after rain Civ re Corr. Ing softened at the close to so. Coton a Point from its previous close. Total spies shares. Sonds 53 31 110 209 ____s7 3 29 60 poit for us Jun. Port mar tet so Iii of. Re na.uons.1 steel Cir. 23 5i City and o can. Mpg. Hect. O that Vas 50 years ago. Real estate values at that Only a fraction of they Are today a looted at askance by some buyers. They la never be any higher some said. Winni Peg will never be much larger but the men with vision just As men with vision will buy will profit by increases just As Large proportionately As those of the past 1 Oldfield Kirby Gardner Serail Trade both i_.l.ocus country fair. Collections fair to Good. Conditions very j Price Bros. Halifax. J Power a Good volume is reported by savers and retailers generally. Con a struck Lon continues actively. Sections fair. Quebec City. Wholesale groceries tobacco and Hardi Are Good dry go ods rather Dull. Retail to rods very fair. Col j sections fair. Montreal. J Louisr. A satisfactory volume is rain tried i _ c in wholesale groceries dry goods Are about Normal at season. Boots and a report full lines moving Well. S a. Pac of cars ladles quiet but tra dredge Vellers Are now out with fall samples. Fall orders for clothing Are beginning i to come in. Although factories Are can quiet. Kard re re continues Busy but volume slightly below last week. Re j Tail merchants general 17 Are very Busy. 1 tourist traffic is at its hols act and i is pit Noteis Are taxed to capacity. A cod. Saltern dairies 4 93 3s5 60 75 s2c 23 ?3 42 55 34p3 3 ids pm 43. 5 41 s4 6 620 55 41 i 139 620 23vii 5s j 113 is 42 1c a c Price Bros. Quebec pot. -j-3 so. Calgary Oil Market Brit. Ills a n Oon Ciosci. Open. I 425" 335 50 75 i Der Rush i 4so 232 415 15 Hurb it Stu Wuhu Mcdoug. Set or 137 Cledous. So. 360 330 50 "0 103 is 35 m to 26 390 500 67 h 105 cd cab i 25 410 105 Isis failed sulcs ?00 30 150 110 150 112 30 5i to 9s 1ss 37 is 30 14 380 1 44 new . Currency unexpected Factor in Money situation Light the build trades in irl. Utilities a into. 2 c-3rp_ 27 building managers final fors a Gage riffs life casualty insurance co. Esta3usked 234 ave. Telephone 1881 continues by i continue be Eood demand. The automotive Dusty is very Active. Conditions co Sid erect very satisfactory. Toronto. Selling of summer goods 30 Keo Tio Well owing to the Fine weath went pro. Or and Large tourist Trade. In most. Wholesale lines this is a a season although there is the. Average number of sorting orders for later delivery coming in. Merchants ordering for future delivery somewhat cautiously than they did earlier in the season. In radios and musical Merchan Ilse Are getting readiness for the fall season. Tons Are very fair. How a seemingly unimportant Factor car. Influence the sensitive . Money 25h Market is illustrated by the effect on 27h j credit by the new currency Issue of the j5 states. Bin los and Finau Cis . Robi. I co. 47 in i houses did not expect the widespread 5350 Public demand Thor. Followed the Paige Zzz s37 a 13075 is i i new currency appeared. It seemed that customers wanted payment in 6s 45 25 is couple o weeks ago Deen overcome it least to to Arii there a 3 exposition to t eel a even f the yield is is the pessimistic reports the results not to so far reaching a effect or. Canadian As at 5rst glance appear Erl Liely. conditions re main Here but with in Trade As sound is eve the Street in censers minttes n a. Bullish Nicod. I brazilian performer in he Day s Market. Sue. With. Turn of 22.143 snares i under steady demand Motiur u j o to 62 3-5. The Best level since et of a proportion of the recent a trying. It is understood. Who Are taken the Stock out of the technical petition of the Stock but also vill succeed creating a. Creased buying Power for he Mari tet Vojt Are credited sub present time and because the Stock manner such Large blocks in to Ciao s real Lars some observer in Street inclined to the. Belief r. Leading Utility holding compar. Was leading the buying. J International Nickel International Nickel Mace same res Ponse to the general l -4 higher Here at -.5- coming second in volume 7.305 shares dealt in. The Stock for the time be ing appears moored within a con Elv narrow , but so Long As developments at the mine continue to Progress so rapidly end satisfactory is indicated by re ports followers of the i acct a Huici to reason tar chancing their attitude. L ullity issues Tjie other utilities 10. prominence in the Day s Meritet incl Derl having sold it to s3 Wir Jupe Sec Trie up 3 Points Quebec Power up a p Ower corporation 2 and Montreal Power up fractionally while it can be assumed tha the Tir strength in the United states Utility Stock is in a Good measure responsible for the drawing of Atten Tiomi 10 the oariacii3.il Utility issues the Street continues to hear intimations o special developments in. The affairs of 2. Number of the leading Dominion Bridge pc. Reie Revice . 25 com inc a Vith tit Par value skin top wines Cut Lesry 3.coo.ooo Pur camera to Petroleum a. Linfitt a. shares without a Niue Fiol Cis. Limited Cotta or. shares without Par St i a. 56.50 at 7s cd of Titus i1 every business seeds at least one of these convenient storage cabinets steel storage cupboards less Thiu the Price of a Wood Cabinet. See the demonstration. Furniture Section seventh floor Eaton 30 43 43 31 35 38 i 2q 30 by in collect i Montreal sales sales for the first Hoar at 51. An 50 St 34-i. Eur Illus s 5 is 34. Brazilian St 110 a s y p. Tie nearest Federal that popular responsible to an incr which has been dormant re Market Leader eased demand by i Dickt wik St. Journal in commenting i advancing to 110u and closing at that Winnipeg stocks 6lj- 190 250 at St 61-r. 440 a 61 1075 a at 61-i, 400 at 40 at at 1 i cd of Sederel curation had been ahead of a erasing. Roughly. Strong boxes leaving f 192s and of latins Supply stocks Bonds Grain investment Bankers whether you Are interested in the Pur Chase of mine Oil or Industrial stocks it will be Worth your while to Avail yourself of our service. Best connections on All leading of markets. Gage Evans. Spencer Umiten 272 Portage avs. And 55-? Grain Exchange. Phone so 391. Listed Beaver fire co. Can. Fire ins. Co. 30 Cha. Pac. By 100 Corr. Paper sox co. 100 Crescent Creamery co. _ 100 g. It. Lite co. 100 Home. Inv. A s. Assa 100 n or. Can. Nor. Part raid Northern tru t co. Wal com. Standard trusts co.-----50 w. Steel prod. Ltd. 100 w. Proi. Ltd Cora. Unlisted . O. And o. Co. _. A Saver co. Of. Seaver lbs. Co. Com Blue Kibbon of. .3. A. 1 Canadian aug. Bid ask 127 130 20 50 30 32 30 97 4.00 105 35 97 i a cd i. A 45. 75 St 4ci i. I ca.n3cia at Canada. Steru. St 93. I cock Stintl. At ios. Industrial at of i i inter. Is 1d5 at 4e so it 150 at 175 it 49. 020 of Al i famous at a e. Of i at 50 at 58 25 at i Al 414. I Lake of the at so. _ Meier a at 57. 50 at ail. I 2.1 136. At 13s. Nali Vejil at _ Ptter at Potter Quebec e s6. St 120 at a 100 at 135 at 92l.js a comparatively Auci rendering it so too too Belo w Ort july 17, j sensitive to any increased demand., however the volume in circulation the july construction As made. I above 1s28. Indicating that Public earlier this indicated no j 1 at least More notes Are i Holt in the great programme of Inow in circulation than would have Pui iding under Way m All sections of the Case had not the new at i re icy been issued. Higher note Circuu-1 Ilion necessitates the increased use of 1 Federal Reserve credit and also Lowers a a volume is hereby Given that a of a errs outstanding is j in dividend of three per cent impossible to predict. It is an influx race upon Tea paid up capital Stock of j that jul tend to disappear with thai this Insu Votion Lias been declared j course of time and which May be class for current Quarter payable on j Bank of Montreal grim we solicit conservative mar Gin accounts based on Pur chases and sales of wheat and coarse Grain futures. Huron Erie bldfl., 232 Portage 100 50 100 Clark Martin steel of Canada 100 at. Go. 25 at Winnipeg re citric 50 a 9 am. Corr. Paper Box con. Manitoba b. I. Monarch life Sorth Oil of Sor a s car Oil com. Of 1 so Pereirr. I traders Blag. . United Grain Croser _ of Western 10 j Eire. Co. I War 1931. 5 . I 1337. 5 .----------------------- Victory i 1933. 5 i t 1334, . 1s3 33 45 5.50 sales from at 51, 25 at 51 various at 55. 73 at. 5s, 200 at 75 a. Can. At 320 34vi. 5ij at 100 Al 34-i. Building a 34. at 2.3io ,62. 125 at 100 at 62. 325 at 32, 50 62-i. 715 at 32. 275 at 200 at k at 125 at 550 at. 52, 300 at Givi. I3ds at 1025 at s3v3. 100 at 1225 n g2v-. 225 a 625 at 340 at. J62-i. 500 a. 62. 55 at s2ii._100 at i that this alone Lias caused Mem-1, Jer Banks to borrow at least sio.000.000 additional from the Reserve Banks and that on a r basis c Cora Parisou at 145, the total of discounts May be consid smaller than Jast year. Soon. By order of the Board. Frederick Williams Taylor. General manager. 13th 11 railway plan involves 1 at at 62 i j i Prince Albert City Council drs i War loan 193 Grain Stoulis Bonds Caro Board of direct private wire service Reid co. Ltd. 635-539 Grain Exchange los Man. R3 phones 39 254. 29 097 1 . 1p43. 5 .-------------- 1d44. 4-.-j .----------- 1340, 4 .5 . 1345. Pc. Quot.atior.5 on Victory 51.000 . Yalcs Crescent St 100.50 100.40 104.50 s9.so 100.00 95.00 94.75 95.00 3ond3 vhf snipe 1 at electric it p5.00. 3 100.00. At 100.4o. I next session tuesday. Mining Section 25 at 62, 50 at 6i-i, 50 a 62, at 45. Bell Iso. Can. At 19 it. Cockshutt at 34-i, 75 at 34-. 125 at 34. Can. At Doali Rylor. At. 103, 50 at 75 at los i 175 at 109. Dominion it 209. At 53. Hamilton at. 53. I at 22u. J into. At 49vt. 125 at i at -9-i. 50 at 49t-, 75 at 42 i 310 at 49. J 250 at 500 at 43. 00 at 43u. 100 at i late of the at 50 at 59. Ila Esey at j7ii, so at 59u. 50 at 59. Montreal at lid 25 at Ilott. At s4vi, 50 at 64. Price at Peter at m a. Power at 115. Quebec at 100 at s6 to at 87. 50 at 89. 50 at 75 at 80, 25 St 25 at sub. At 163 at 23o cusses . Proposal Prince aug. J of a new Union station ill Prince Albert involving the expenditure of half a million dollars and the renting of rail Way Yard and facilities to ii . Is under consideration by the Canadian National railway a the present time for the project Hare been sub mined by the . To the City coun cd. A Holch is under the necessity of passing legislation to Ifie stockholders and depositors of Stock of the Fleischmann company Royal baking powder e. W. G1llett i mixed the. Undersigned committee having received. For Deposit under the plan and agreement dated 19 1929 More than two thirds of the common stoc k of each of the above companies has declared such plan operative As of August 1, 1929. _ the committee will set a Date for the surrender of certificates of Deposit and give due notification thereof to All depositors. Until the close of business on August 15, 1929, the committee will continue to accept additional Slock for Deposit. The at six should authorising closure of first Avenue East Teeth Street if the Piti materialize. I according to the plan a. Anc improved round House would be near the site the present one. Thu Council have postponed definite action on the proposals and Are awaiting definite information regarding the in civic rail lifted Section 7. And e. Cora Coli Slid bid 7.40 Amulet Arno i big Iii our i Salinari flan Flos 1 Central Manitoba i mines i dome Falcon Oldgi a Olllnger i Hudson Homo Oil int. Kolcic 1st 93. 65 at. 84. 25 at 265 at St. 100 Lenoite Din i at 91k 325 at 94. 100 at 94h. 240 attentions of inc Canadian 5. 50 at 94m. 225 at b.4. So at g4vi, 50 at Raj in the matter. Ask to Riecl or a t. Go 100-a 251 it 60. Sales for inc last bout. Can at 34 4. 425 at 35 by Bullian at 62. 205 at ----iv5 at 210 at 50 a 62vi. ----1 famous at w a. 55. 2o .15 a. 5sh. 65 at 175 at 53y., 255 at of. ----400 a at 61. 100 at 61 re. 200 a. -10 33 50 at 25 at 125 at 250 i it 52, 25 at 75 at 62 i 100 at 50 a 62-. 125 at 40 _. 62-% k5 at 40 at 63. At 53 i Kar illion at 55. Led. At 22. 410 a need not be attached stockholder will receive upon the Deposit his Stock with accompanying papers certificates of Rao Rit for shares Standard brands incorporated if and plan is consummated. Depositors win receive All regular dividends paid on deposited Stock pending consummation of the stockholders who Deposit their Stock will not incur any liability for any expenses of the committee or any other expenses in connection with the plan and agreement of Deposit for the common Stock of the Fulci Schwarm company and for the common and preferred stocks of Royal baking powder comply Are listed on he new York Stock Exchange David Polk Wardwell Gardiner Recil k. Davao 15 Broad Street new York City Jove a counsel committal Francis t. Ward Secretary. 23 Wall Street new York City. Depositary j. P. Morgan co., 23 Wall Street. New York City ;